Bitcoin has no obvious structure to the upside as of now BUT it is meandering near resistance without signs of further weakness. Choppy action , both bulls and bears are a bit confused about the action. Shorting does not work as price immediately goes back up, Longing does not work either since November 2019.
All signs show that Bitcoin is now trying to reverse back to the upside. Nothing major, maybe a relieve rally back to 9k range. Maybe 10k. Just a hypothesis as of now but IF this turns out to be true, I will be looking @ the Blue channel for general guidance as to the shape of the price as nothing has formed as of now.
All signs show that Bitcoin is now trying to reverse back to the upside. Nothing major, maybe a relieve rally back to 9k range. Maybe 10k. Just a hypothesis as of now but IF this turns out to be true, I will be looking @ the Blue channel for general guidance as to the shape of the price as nothing has formed as of now.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.